AFCA finds SMSF advice needs ‘greater attention’
Confusion over SMSF wholesale classification thresholds and advice for low-balance clients to establish SMSFs were ongoing issues in the sector,...
Confusion over SMSF wholesale classification thresholds and advice for low-balance clients to establish SMSFs were ongoing issues in the sector,...
Failure to create, execute, perform and retain documents for an SMSF can leave a fund and its trustees unable to...
There are still many SMSF trustees and professionals who lack an understanding of how the proposed Division 296 tax will...
The SMSF Association said it is concerned about the impact of the proposed amendments to denying deductions for the general...
A lump sum withdrawal from a superannuation account shortly before the death of a member but received days after death...
It is more tax effective to leave superannuation to an estate rather than a binding death benefit nomination to children,...
Financial advisers will be pivotal in ensuring that wealth is passed on efficiently and in a way that aligns with...
The inheritance of a reversionary pension is a trigger event for the beneficiary’s transfer balance cap if they are not...
It’s essential to “read the deed” after a member’s passing, even if a trust deed has been drafted specifically for...
The SMSF Association has urged the government to allow a pension reserve to be exited where the recipient had died.